In a press statement, the Federal Inland Revenue Service explained that only “reportable persons” are expected to submit the form.
“The Self Certification form is basically to be administered on Reportable persons holding accounts in Financial institutions that are regarded as “Reportable Financial Institutions” under the CRS. “Financial Institutions are expected to administer the Self Certification form on such account holders when the information at its disposal indicates that the Account holder is a person resident for tax purpose in more than one jurisdiction.
Earlier, the Nigerian government said all persons holding accounts in different financial institutions are required to complete and submit the form to each one of their institutions.
No need of re-registered again
This is a typical example that there's no proper coordination among some organs of government, & some policies & their impacts on the populace are not thought through by those in high towers. Also shows there's a lot of disconnect between the tower and the downtrodden. Pitiable!!
Nigerian may God deliver you
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